This has been in the tubes for a few weeks now, largely rumors and vague announcement from paypal brain tree, apple pay, bank of england, other central banks. I am surprised, exactly as other saids, only idiot buy after the news. But the rumor sell the news is this phrase and this could be the truth for this.
The contrary, whales are smartly lined up and things are currently orderly in the market, run the price up, wait for supply of bitcoin to enter the market for sale, as the sell and create liquidity, whales can buy with with little price movement, however eventually the supply runs outs, the price rallys and if things remain orderly they wait until more supply comes onto the exchange. Eventually less and less supply will hit the markets and the whales will need to ask themselves are they willing to dump millions into a $10,000 bitcoin or or just stop buying more than a few at $600
My bet, things get overheated for the short run and we see a MAJOR MAJOR MAJOR rally that make all bubbles in the history of man look small.
Do i spend my last $200 cash on bitcoin right now an run the risk of being a hog and getting slaughtered.